Saudi Aramco Faces $31 Billion Dividend Dilemma as Debt Jumps
Saudi Aramco will have a crucial decision to make early next year: Cut its $31 billion quarterly dividend and risk worsening ...
BBC5y
Saudi Aramco IPO: World's most profitable company to go public
Saudi Aramco has confirmed it is planning to list on the Riyadh stock exchange, in what could be the world's biggest initial public offering (IPO). The state-owned oil giant will determine the IPO ...
Upstream4d
Fresh delays hit Saudi Aramco's $6 billion-plus strategic offshore expansion project
The Zuluf oil incremental project is crucial to Aramco’s ambition to maintain its 12 million bpd production capacity ...
Upstream6d
Saudi Aramco underperforms in revenues but fares better in net income
According to Aramco's statement, the company's total revenues dropped by 5% to 465 billion Saudi riyals ($123.9 billion) ...
Reuters5d
Aramco maintains dividend as profits slump, containing state deficit
Quarterly dividends have exceeded profits Aramco has flipped from net cash to net debt Vision 2030 project has strained public finances DUBAI, Nov 5 (Reuters) - Saudi oil giant Aramco (2222.SE ...
ABC News6d
Saudi oil giant Aramco posts third-quarter profits of $27.5 billion, down 15% from a year earlier
Saudi Arabian oil giant Aramco has reported third-quarter profits of $27.5 billion, down about 15% from last year as low oil prices ate into its revenues DUBAI, United Arab Emirates -- Saudi ...
Al-Monitor6d
Saudi Aramco says quarterly profit drops 15% on low oil prices
Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices. The fall in net income to $27.56 billion this year from $32.58 billion in ...
BBC8mon
Saudi Aramco boosts dividends despite profit fall
Saudi Aramco has reported a steep decline in profits, after the energy giant cut production and oil prices fell sharply in 2023. Its profits fell 25% to $121bn (£91bn) profits after a record ...
Transport Topics5d
Aramco Q3 Profit Down 15% Year Over Year
DUBAI, United Arab Emirates — Saudi Arabian oil giant Aramco reported third-quarter profit of $27.5 billion on Nov. 5, down about 15% from last year as low oil prices ate into its revenue.
Zawya6d
Saudi Aramco Q3 profit drops 15% over lower crude prices, weak refining margins
Saudi Arabia’s state energy giant Aramco’s Q3 2024 net profit plummeted over 15% year-on-year (YoY) to $27.6 billion, weighed by the impact of lower crude oil prices and weakening refining margins.
akm25d
Saudi Aramco refocuses petrochemical sector to Asian markets
Saudi Arabian Oil Group (Saudi Aramco) has cancelled plans to build a petrochemical plant in Saudi Arabia, taking into account the expansion of its presence in Asia. This was reported in a Saudi ...
Yahoo Finance6d
Saudi oil giant Aramco posts third-quarter profits of $27.5 billion, down 15% from a year earlier
DUBAI, United Arab Emirates (AP) — Saudi Arabian oil giant Aramco reported third-quarter profits of $27.5 billion on Tuesday, down about 15% from last year as low oil prices ate into its revenues.